HKMA fines Hua Nan Commercial Bank HK$9m for Anti-Money Laundering breaches
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Source: HK Monetary Authority | Source date: 19-Apr-2024 22:23
2010-12-10
20-something Chinese show off their wealth
Before 2008, it was popular for young Chinese to show their wealth on the web, usually consisting of cash, credit cards, gold watches, etc. Now, a slightly younger crowd is getting into the act. China's stock market is near it's lowest levels of the past five years compared to gold, but real estate prices continue to increase and Chinese invest far more in real estate than stocks.
Link to the album.
90后富二代的另类荒唐炫富
Labels:
China,
culture,
Socionomics
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